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2577 Lobo Ave 24.5 Acres of Residential Land Offered at $2,400,000 in Merced, CA 95348
INVESTMENT HIGHLIGHTS
- HWY 99 Visibility and proximity to UC MERCED
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
PROPERTY FACTS
| Price | $2,400,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 24.50 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | R1 - Currently Zoned R1. in general plan for frontage 5 acres to be GC | ||
| Price | $2,400,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Commercial |
| Total Lot Size | 24.50 AC |
| No. Stories | 1 |
| Zoning | R1 - Currently Zoned R1. in general plan for frontage 5 acres to be GC |
1 LOT AVAILABLE
Lot
| Price | $2,400,000 | Lot Size | 24.50 AC |
| Price Per AC | $97,959.18 |
| Price | $2,400,000 |
| Price Per AC | $97,959.18 |
| Lot Size | 24.50 AC |
Flag shaped lot.
DESCRIPTION
Discover the perfect blend of investment potential and long-term land value with this 24.5-acre property near UC Merced in Central California. Whether you’re looking for agricultural use, land banking, or a future development site, this property offers endless possibilities. With 5 acres designated for General Commercial use in the General Plan all 24.5 acres are currently zoned R1 for residential potential. This land is a versatile investment that can be held, leased, or developed over time. Its prime location off Highway 99 and proximity to the fastest growing UC Campus in California, ensures strong future demand, whether for commercial businesses, residential communities, or agricultural ventures. Investors, landowners, and agribusiness entrepreneurs looking to secure valuable acreage in a strategic location will find this an unbeatable opportunity. Explore the possibilities today and position yourself for future success in this growing region. This site is positioned for long-term appreciation and high buyer interest. Developers seeking a well-located property with mixed-use potential and growing infrastructure will recognize the incredible value of this land. Act now to secure a prime residential development site with built-in commercial opportunities.
PROPERTY TAXES
| Parcel Number | 057-390-008 | Improvements Assessment | $3,307 (2025) |
| Land Assessment | $229,240 (2025) | Total Assessment | $232,547 (2025) |
PROPERTY TAXES
Presented by
2577 Lobo Ave
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